Michael Saylor: Bitcoin Returning to Bull Market, 6%–8% Bitcoin-Backed Stablecoin Yields Possible
Bitcoin
bitcoin
Bitcoin Bull Market
Bitcoin-Backed Stablecoin
digital credit
Michael Saylor
Strategy
STRC
tokenization
TLDR: Saylor expects bank Bitcoin custody, lending services and tokenization to drive the next 12–24 months. Strategy repurchased about $1.5 billion of STRC and holds cash to cover about 3.5 years of dividends. Saylor said Bitcoin-backed, dollar-pegged stablecoins could yield 6%–8%, but gave no issuance plans. A Bitcoin-backed stablecoin’s viability depends on collateral, liquidity, regulation [...]
The post Michael Saylor: Bitcoin Returning to Bull Market, 6%–8% Bitcoin-Backed Stablecoin Yields Possible appeared first on Blockonomi.
Source: Source: Blockonomi